HUMBL Inc (HMBL)

[JPS02]

Company Reports that Its Subsidiary, Fashion Floor Covering & Tile, has signed a new lease and reduced its retail foot print.

February 21, 20017

Tesoro Enterprises, Inc. (TSNP) reports that, as reported on December 23rd, its retail subsidiary, Fashion Floor Covering & Tilel, has signed a new lease and reduced the size of its foot print. The new space, located at 24 Danbury Road in Wilton Ct, will become Tesoro's new home as well. As the company focuses more on its internet business, the need for showroom space has been reduced.

On February 15th, the company signed an additional Non- disclosre agreement with a potential business partner. This agreement facilitates the discussions relating to a potential business arrangement. The results of these discusions are speculative and non-binding between the parties.

Forward- Looking Statements
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Tesoro Enterprises Inc. are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission.

Contact information:
Tesoro Enterprises, Inc.
24 Danbury Road
Wilton, CT 06897
203/930-7427

Source: http://www.tesoroenterprises.us/news.html